Why multinationals are wary of partnering with NNPC – Official

Many oil and gas companies operating in Nigeria shunned partnership deals with the research unit of…

Budget deficit shoots up to N397.74bn in May

The Central Bank of Nigeria (CBN) said the nation has recorded a budget deficit of N397.74…

Ex-Daewoo shipyard CEO gets reduced sentence in appeal over accounting fraud

A Seoul appellate court on Tuesday commuted the sentence on a former head of a now…

African migrants fear for future as Italy struggles with surge in arrivals

Three years after he risked his life crossing the Mediterranean Sea from Libya to Italy on…

Hong Kong port June volumes almost flat

As a higher base effect started to kick in, throughput at the port of Hong Kong…

N7trn lost annually as 282 ships vanish from ports – Senate, House Reps

Officials of the Nigerian Ports Authority (NPA) have been summoned to appear before the Senate on…

N1.45 trillion goods smuggled from Cotonou into Nigeria yearly, says Saraki 

Senate President Bukola Saraki on Monday decried the high level of smuggling of goods from Cotonou,…

International tennis star Boris Becker loses N40bn to shady Nigerian oil deal

Forty-nine-year-old international tennis and Wimbledon legend, Boris Becker, has claimed that he lost a huge part…

282 vessels ‘disappeared’ from seaports in six years, says Uzodinma 

The Senate Committee on Customs, Excise and Tariff, on Monday accused the Nigerian Ports Authority (NPA)…

NPA, NEPZA launch separate probes into Calabar port explosion 

Two top agencies of the Federal Government – the Nigerian Ports Authority (NPA) and the Nigeria…

Aviation unions kicks against ministerial directive on fund remittance 

The Association of Nigeria Aviation Professionals and the Nigeria Union of Pensioners, FAAN Branch have rejected…

Nigeria’s annual inflation slows in June, but still above 16 percent

The Nigerian economy is gradually coming out of recession, with the annual inflation falling in June…